GBP Trade Index 18-Year Chart

Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics

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Ashraf Laidi

London, UK

Posts: 0

14 years ago

Jan 26, 2010 14:58

SOLDCABLE, there is a GBP index buy the BOE but its not tradable. i cant think of ny tradable. but maybe theres an ETF for GBP

Ashraf

PippedOff

Canada

Posted Anonymously

14 years ago

Jan 26, 2010 14:22

raulin-I provided evidence of the Godman-backed Cable Cartel last week.

raulin

london, UK

Posts: 65

14 years ago

Jan 26, 2010 14:01

Pipped off . There is no such thing as cable cartel . Cable can be very difficult to trade and when it gets bullish it can be very bullish and bearish same. The eur/gbp is one of the more boring currency pairs it just needs to see some action and there is nothing in this action that shows fundamental change in perception or it indeed disturbs elliott wave count of a flat being played out so trade what you see not what you want to see

montmorency

Abingdon, UK

Posts: 610

14 years ago

Jan 26, 2010 13:32

To be fair to Tanvir, he doesn't seem to disagree with Ashraf's fundamentals, but that because of the nature of the FX market, fundamentals won't be obeyed. Perhaps a little like PippedOff's ongoing story about the "cartel".

FWIW, I've put my money where I think the fundamentals are for the time being.

Ashraf Laidi

London, UK

Posts: 0

14 years ago

Jan 26, 2010 13:18

tanwir, so you do buy in the notion that GBPUSD will rise above 1.70? i laid out the monthly chart for GBPUSD late last year showing teh arguments against 1.70. Fundamentally, the only reason for 1.70 to happen would be an Elections outcome that its ultra market positive (cutting taxess, Tories to power, broadening global econ recovery)

Ashraf

Haseena

London, UK

Posts: 16

14 years ago

Jan 26, 2010 12:54

Tanvir, shouldn't people wanting to make have a 360 deg vision in research? i.e. consult charts/news/books themselves? it's ur money, it's ur decision right?. Isn't Ashraf an FX mentor & provides GUIDANCE to us all?

'Listen to opinions but make your own decisions'

chloethebull

Posted Anonymously

14 years ago

Jan 26, 2010 12:45

well i kinda missed the boat on that trade ,woke up b4 the gdp for uk to find the pound had collapsed an my usdcad was running,ohh well atleast im still in cash looking for the next trade maybe usd will be ready to short once we hit 1.0750..gl all an congrats to those who got in on the gbp$

said

mulhouse, France

Posts: 2822

14 years ago

Jan 26, 2010 12:44

e lshaer

if u sell u can buy after bichclita

Tarun

Dubai, United Arab Emirates

Posts: 9

14 years ago

Jan 26, 2010 12:05

Ashraf, what would be a good stop on GBP short..am in from 6240 from yesterday...